Singapore

It will co-fund up to $3m to support cybersecurity advancement in the financial sector.

Employees in the priority banking business will be affected.

Business loans rose 3.35%.

And a Fed official has raised concern about US mobile payments.

Earnings are poised to grow by 20% in FY18 and 9% in 2019.

And here's why Societe Generale is shelling out $1.4b.

It will regulate systemically important payment systems and focus on retail payment services.

co.lab will help Australian fintechs crack the Asian market.

It aims to showcase AI, blockchain, big data and cloud technologies.

Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.

Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers Association (MPAS) Awards.

The rationale was to give local businesses more access to financing.

He will report to Gonzalo Luchetti, head of consumer banking for Asia Pacific and EMEA.

JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.

The collaboration will extend to other SEA countries.

However, this is still lower than the 2008 average.